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Market Wrap Podcast, June 17: Here s all that happened in the markets today

Market Wrap Podcast, June 17: Here s all that happened in the markets today
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Board of Andhra Cements approves proposal to seek EoI for sale of its cement plants

Sasken Technologies, SREI Infrastructure Finance, Gujarat Gas to PSU Banks - here are top Buzzing Stocks today

After fluctuating between gains and losses on Friday, the Indian benchmark indices were trading in red at noon. At 12;50 pm, the S&P BSE Sensex was trading 38.11 points or 0.08% lower at 49,708.10 and Nifty 50 was trading with a decline of 14.95 points or 0.1% at 14,858.85. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of few such stocks: WATCH | Click on Zee Business Live TV Streaming Below: SREI Infrastructure Finance Limited: Zooms 19.66%. Shares of Srei Infrastructure Finance Limited, on Friday, was trading around 20% higher at Rs 7 on the NSE after its subsidiary Srei Equipment Finance Limited (SEFL) said it has received an expression of interest for up to $250 million capital infusion in the company from international private equity (PE) funds, US-based Arena Investors LP and Singapore s Makara Capital Partners.

Market Movers: Antony Waste makes premium debut, midcaps shine; 524 stocks hit upper circuit

Market Movers: Antony Waste makes premium debut, midcaps shine; 524 stocks hit upper circuit SECTIONS Share Synopsis On the back of relentless buying, as many as 91 stocks turned ‘overbought’ as they crossed above the 70-mark on the RSI indicator. Shutterstock.com The striking feature of Friday’s trade was positive market breadth, as gainers were more than double the numbers of losers. MUMBAI: The year 2021 started on a positive note for the domestic equity market, with benchmark indices scaling fresh all-time highs amid a strong momentum in select index heavyweights. Meanwhile, Nifty ended above the psychologically-important 14,000-mark for the first time, but the trading range of 58 points was extremely narrow for the day. A decent bullish candle on the weekly charts has a range of 238 points which analysts said was a cause for concern.

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